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Samsung, LG to Release New AI-based Air Conditioners This Month: Sources

Samsung, LG to Release New AI-based Air Conditioners This Month: Sources

SEOUL, Jan. 16 (Korea Bizwire) — South Korean air conditioner manufacturers will begin selling new air conditioners this month, well ahead of summer, promoting models with artificial intelligence (AI) and the Internet of Things (IoT) technology, industry sources said Tuesday. IoT is a concept in which objects are connected to the Internet and identify themselves [...]

S. Korea Files Third-largest Number of AI Patents in the World

S. Korea Files Third-largest Number of AI Patents in the World

SEOUL, Dec. 21 (Korea Bizwire) — South Korea’s state-run information and communications promotion agency said Thursday local companies have filed the third-largest number of patents related to artificial intelligence (AI) technology over the past 12 years. The Institute for Information and Communications Technology Promotion (IITP) said its finding is based on AI-related technologies applied to [...]

LG Electronics Launches ThinQ AI Brand

LG Electronics Launches ThinQ AI Brand

SEOUL, Dec. 20 (Korea Bizwire) — LG Electronics Inc. on Wednesday introduced its new artificial-intelligence brand named ThinQ, which will be used in its upcoming home appliances. The South Korean tech giant said ThinQ products will have various AI technologies, including LG’s DeepThinQ system, and provide optimized services to consumers through deep-learning technology. The brand [...]

KLM Adds Automated Messages to Customer Conversations

KLM Adds Automated Messages to Customer Conversations

AMSTELVEEN, The Netherlands and SAN FRANCISCO, Dec. 19 (Korea Bizwire) — KLM Royal Dutch Airlines is taking the next step in using artificial intelligence (AI) within its social media service. KLM worked with AI frontrunner, DigitalGenius, to add automated answers to general repetitive questions from customers without the intervention of a human service agent. This [...]

S. Korean Telecoms Bet on 5G, AI

S. Korean Telecoms Bet on 5G, AI

SEOUL, Dec. 11 (Korea Bizwire) — Major South Korean telecom companies are reshuffling their staff with a focus shift to more profitable and long-term projects such as 5G and AI. According to sources close to the mobile industry, SK Telecom has reorganized seven of its departments and prioritized units dealing with up-and-coming and next-generation services such [...]

Game Publishers See AI as Future

Game Publishers See AI as Future

SEOUL, Dec. 8 (Korea Bizwire) — South Korea’s three major game developers are expanding their workforces in artificial intelligence (AI) as they consider the technology as the future of the industry, company officials said Friday. The nation’s longtime online game giant Nexon Korea Co. said that it will expand a department dealing with core technologies [...]

S. Korea to Use AI to Better Combat Money Laundering

S. Korea to Use AI to Better Combat Money Laundering

SEOUL, Dec. 5 (Korea Bizwire) — South Korea’s top financial regulator said Tuesday it will use artificial intelligence (AI) technology to automate some of the nation’s probe systems against money laundering. Kim Yong-beom, vice chairman of the Financial Services Commission (FSC), said it will start building the anti-money laundering compliance system using AI next year. [...]

Samsung Takes over S. Korean AI Startup

Samsung Takes over S. Korean AI Startup

SEOUL, Nov. 28 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it has acquired a local startup that specializes in artificial intelligence (AI), in an apparent bid to improve its voice recognition system, Bixby. This is the first time that Samsung has acquired a South Korean startup. The size of the deal remains confidential. Established [...]

KAIST Hosts AI Football Competition, Showcases Sportswriting Capabilities

KAIST Hosts AI Football Competition, Showcases Sportswriting Capabilities

SEOUL, Nov. 3 (Korea Bizwire) – Those present at the Korea Advanced Institute of Science and Technology’s Fusion Hall (KAIST University) on November 2 were treated to an unusual spectacle that also doubled as a glimpse of a possible future.  What the assorted gathering of students and interested onlookers were there to see was a [...]